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Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

Treasures From Matthew Perry’s Estate Head to Auction for a Good Cause

Heritage Auctions will sell a trove of artifacts from Matthew Perry's estate starting June 5, including scripts and memorabilia from the sitcom *Friends*, artworks by Banksy and Mel Bochner, and personal items like a 3D portrait of his invented superhero "Mattman." Proceeds benefit the Matthew Perry Foundation, a nonprofit focused on ending addiction stigma and expanding access to evidence-based care, founded after the actor's death in 2023.